Coco Peat Prices In The Month Of September 2015

Coco peat is slowly becoming an important factor to be inculcated in farming, especially in the places which face scarcity of water for the irrigation purpose. We all know that coco peat’s ability to hold the soil and water is beyond average peat and that is why it is being used all over the world. There are a number of firms which provides coco peat in various countries by importing it from the various tropical countries, and at a reasonable price too, amongst which Boyce is one of the leading firms.

Like every other product, there is a problem with the coco peat too, one of the major problems being that the fluctuation in prices throughout the year. While the cost is at minimum during the summer time, it reaches the peak value during the rainy season. This variation in the cost is a major reason that why farmers are still afraid to use it as they are poor, and they know the problems they would need to face and they don’t wish to rely upon something they can’t afford anytime they want.

With this problem surrounding, Boyce has come up with a technique to control the prices of coco peat even during the monsoon period which ranges during the month of August-September in the Indian sub-continent. Boyce uses some of the advanced technologies to reduce the price and keep it as low as possible for a better marketing purpose. On average spending USD 235 for low electrical conductivity materials has helped them in rejuvenating their market even when other companies are just waiting for the customers.

We all know the coco peat is made from coir pith which grows near the water. The semi permeable membrane has to first pass the sea water which is doesn’t contain free sodium and calcium ion, for the proper growth. By using a material with low electrical conductivity, this problem is solved with ease and has helped Boyce to save their market. Boyce also uses some other methods too that has helped them in the process. Boyce has tie up with the coconut growers in South India, around in 4-5 states. They buy coco peat from them when the price is comparatively low during the summers and then sell them off during this monsoon period which serves them a good platform to save some of the additional bucks.

Though it seems to be an easy process, but storing coco peat is usually an expensive affair which Boyce has handled superbly. This reduction in price during the monsoon month would surely make farmers to take an additional step in using coco peat as they could be relaxed about using it all around the year. With this step Boyce has certainly been able to gain the trust of the farmers who now prefer the firm even when the coco peat is available in plenty with the other firms too. Coco peat is now slowly becoming an important part of modern farming.

Do Coco Peat Prices Vary During A Year?

Coco Peat as we all know is becoming an important ingredient in farming especially in countries which face the problem of water scarcity. Though mainly it is used to store water, but these days it is used in place of inorganic fertilizers as it is organic example of the same. Since it also helps in holding the soil together, the use of coco peat is increasing with every passing day and its cheap price in the market makes it optimal for use even in the places where it is not mandatory to use.

Though the coco peat is of great beneficial use, it also has some problems associated, just like every other thing that we require in our day to day life. Some of them are:

• Coco peat is not available in each and every part of the globe.
• Though produced from coir hair, it needs to be treated in industry.
• There is fluctuation in the price of coco peat.

Though the first two problems can be solved, but the last one is something that is uncontrollable even with the recent advancement. The price of coco peat goes down in the summers and goes up the hill during the rainy season. This is mainly because of the low productivity that is seen in the market during the monsoon. There is instability in the prices of coco peat throughout the twelve months and certainly this has become important factor overtime for the farmers being dis courage to use it.

There were a lot of efforts made in the concerned field and certainly Boyce has taken it to the next level. Boyce has somehow managed to control the prices though not totally but up to a great extent and it has certainly being benefiting everyone associated with this product. Boyce has strategically developed some of the small initiatives that have helped in the process. During the summers, when the price is reasonably low, Boyce buys the product in excess of the requirement and stores them for the future use. They store it and use them during the monsoon when the prices are high, at an affordable price which not only helps the firm itself but the farmers associated, the workers in the firm as they aren’t unemployed during this time when most of the companies of the related field don’t earn enough to pay the wages. Boyce has not only maintained the end product but the raw material and the whole of supply chain. They have sources coco husk from the local farmers in the southern India from whom they can buy and store it at the time of need.

Though this step may be seen as only way to increase the selling products of the company, but one forgets that the farmers are the ones who are benefited abundantly with this. Storing coco peat safely is a costly affair and certainly it’s not possible for the farmers to afford it and Boyce has certainly came to the rescue.